Red is a new programming language inspired by REBOL, but compiled and open source. The language is currently being bootstrapped by first implementing a lower level dialect, in which the high level, dynamic language will be written. This C class dialect for systems programming, Red/System, has reached beta status after only half a year of development. It now supports using dynamic libraries on Syllable. Also, a new version of Syllable Desktop's FTP client, Transferrer, was released (screenshot accessing Syllable Server).

I really don't know a lot about the current state of compilers, but it seems to me that all news are about new C and C++ compilers (aren't there other compiled languages today?). So for people who don't like the C syntax and the C way of doing things I guess this is good news.